Franchise Vs Self Business: The Key Differences You Should Know
Want to run your own business but cannot decide whether to buy a franchise or establish a start-up from scratch? Well, if this is the case then this article will surely be of help to you. Starting your own business is a crucial decision and there are certain factors that should be considered while deciding which entrepreneurial venture is right for you. Through this article, we are going to take you through the key differences in a franchise option and in starting your own business so that you can take a well-informed decision considering your personal growth and business aspirations. You must be well aware that a Franchise is a business model that offers an opportunity to buy an already established, successful business. The Franchisor gives the license to the third-party owners, giving them the right to operate the business as per the rules and regulations of the company. So, this gives the Franchisee an opportunity to own an already established business with a certain cost but the be